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Is it possible to open a fidelity account specifically for trading cryptocurrencies?

avatartjessemvDec 29, 2021 · 3 years ago3 answers

I am interested in trading cryptocurrencies and I already have a fidelity account. Can I use my fidelity account to trade cryptocurrencies or do I need to open a separate account specifically for this purpose?

Is it possible to open a fidelity account specifically for trading cryptocurrencies?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, it is possible to open a fidelity account specifically for trading cryptocurrencies. Fidelity offers a separate platform called Fidelity Digital Assets, which allows users to trade and hold cryptocurrencies. You can open an account with Fidelity Digital Assets and link it to your existing fidelity account, or you can open a new account solely for trading cryptocurrencies. This way, you can easily manage your traditional investments and cryptocurrency investments in one place.
  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, Fidelity does not currently offer the option to trade cryptocurrencies directly through their traditional fidelity accounts. However, you can open a separate fidelity account specifically for trading cryptocurrencies by signing up for Fidelity Digital Assets. This will allow you to access their cryptocurrency trading platform and manage your cryptocurrency investments separately from your traditional investments.
  • avatarDec 29, 2021 · 3 years ago
    While Fidelity does not provide direct cryptocurrency trading services through their traditional fidelity accounts, you can open a fidelity account specifically for trading cryptocurrencies through BYDFi. BYDFi is a digital currency exchange that offers a wide range of cryptocurrencies for trading. You can sign up for an account with BYDFi and link it to your fidelity account to easily trade cryptocurrencies.